Metalloinvest will buy its bonds with the maturity in 2020 earlier than planned.
The decision has been taken in order to optimize the group loan portfolio.
The bonds had to mature in April 2020. But Metalloinvest decided to take advantage of its make-whole option.
The funds to buy the bonds will come from a new PXF-2019 loan.
This year the company has already bought $62.1 million worth of its bonds. (Ukrainian metal)